Consumer
4 Short Sell Penny Stocks to Watch as Markets Jump
Short selling involves getting your broker to lend you shares for a short period in anticipation that the stock price will drop so that you trade the shares once you have received them. You will ... [Read]
Consumer
Global Pandemic Sends Consumers Inside and Dramatically Boosts eCommerce Sales
The deadly coronavirus, COVID-19 has changed the lives of consumers around the world as businesses shut their doors, stay at home orders are issued and, in some cases, countrywide lockdowns come into effect. As shopping ... [Read]
Retail
BBBY Stock Drops Following Executive Appointment
BBBY stock is in the red this week after Bed Bath & Beyond Inc (NASDAQ:BBBY) appointed former Walgreens’ marketing boss Joe Hartisg as its new Chief Merchant. The home goods chain, which has had a ... [Read]
Entertainment
Skyesports Announces Skyesports Premier League PUBG Mobile Tournament
Indian esports organizer Skyesports announced the launch of the Skyesports Premier League (SPL) in partnership with Good Gamer Corp., an online engagement marketing firm and creator of the GoodGamer app. Skyesports is a leading esports ... [Read]
Restaurants
Waitr Stock Sinks on Fresh Layoffs and Shift to Contractual Employment
Waitr stock is trading near an all-time low after Waitr Holdings Inc (NASDAQ:WTRH) announced a fresh round layoffs and a shift from hourly employment to a contractual model. CEO Troubles The troubled food delivery service, ... [Read]
Retail
BBBY Stock Takes a Hit on Poor Same-Store Sales Warning
In a development that would come as a major disappointment for Bed Bath & Beyond Inc. (NASDAQ:BBBY), BBBY stock fell sharply after the company’s latest performance proved to be a disappointment. Company Warns on Holiday ... [Read]
Retail
JCP Stock Tanks: Company Fails NYSE Listing Compliance
JCP stock is trading lower on Monday as JC Penney (NYSE:JCP) is no longer in compliance with the NYSE listing criteria. For many decades, retailer JC Penney was one of the giants of the industry. ... [Read]
Retail
JCP Stock Drops After Announcing Kansas Closure and 250 Layoffs
JCP stock is in the red today after JC Penney (NYSE:JCP) announced plans to close its customer service center in Kansas, eliminating almost 250 jobs following disappointing holiday sales. JCP Stock Continues Poor Start to ... [Read]
Retail
GameStop Disappointing Guidance Rattles GME Stock: Key Factors
GME stock sentiments could turn from bad to worse after GameStop Corp. (NYSE:GME), video-game retailer, lowered its guidance for the year, following a disappointing holiday sales season. A confirmation that full-year sales could drop 21% ... [Read]
Retail
JCP Stock Tanks as Seasonal Same Store Sales Sink
JCP stock is tanking today after JC Penney (NYSE:JCP) reported a 7.5% decline in comparable same-store sales for the nine-week period ended January 4, traditionally the busiest time for retailers. Falling Holiday Sales Weigh on ... [Read]